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to be uninsured. you're not going to have that option because when you file your taxes, you'll have to attach proof that you are in a government-mandated plan. >> gretchen: wow. >> so if you earn too much to be eligible for medicaid, you will have to go shop on the state health insurance exchanges. >> gretchen: so these health insurance exchanges, a lot of this is rolling out now. >> they'll be open in october. and most people have never heard of these. but they're like an 800 number, a web site, and a dmv type office. and they only sell the government man-dated plan. it's like going to a dealership that sells four door sedans. >> gretchen: they dictate what you're going to get. i thought obamacare was supposed to give you a choice? >> no, there really will be no choice. there will be bronze, silver, gold and platinum. but they all have the same coverage. only the co-pays differ. section 1311 puts the federal government in charge of your health care fort first time, even if you have a private plan you paid for yourself. the secretary of health and human services can still dictate what doctors
, he said he would not extend any of the bush tax cuts for the wealthy and you did. you say you're not going to negotiate this year, why should house republicans take that seriously and think if we did into the 1 minute until midnight scenario that you will not back down? >> first of all, julianna, let's take the example of this year's fiscal cliff. i did not say we would not have any conversations out all about extending the bush tax cuts. i said we would not extend them for the wealthy. we did not. now, you can argue that during the campaign i said i set the criteria for "wealthy" at $250 on dollars and we ended up being a $400,000, but millionaires are paying more taxes, just as i said. from the start, my concern was making sure we had a tax code that was fair and protected the middle class. when biggest priority is making sure that middle-class taxes did not go up. the difference between this year and 2011 is the fact that we have already made $2 trillion in cuts. at the time, i indicated that there were cuts that we could sensibly make that would not damage our economy, wou
, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for the financial industry when it comes to the home market. people worked all their lives to provide a home and held for ways to get it paid off before they retire. this is the one area that the government needs to regulate and regulate closely and i am glad we're finally doing that. now, of course, we have drawn a line in the sand that we can hopefully reclaim. can we hope that it will ever change back to what we thought we had been through? guest: an excellent question. another one to add to that is -- will the regulators have the appetite to regulate this closely? making sure that banks are abiding by these rules? we had a system going
about now closing more loopholes and that means higher taxes. we don't know on who, but he would not specify any specific spending reductions and refusing to negotiate with the house republicans on the issue of the debt ceiling. lou, an interesting couple of months. looking forward to it. >> megyn: all right. thank you, sir. >> thanks, megyn. >> megyn: with the president refuse to go negotiate on that debt ceiling, it's coming and we're going to hit it and there's going to be a real question what we will do. he negotiated the last time and suddenly says he doesn't want to negotiate anymore and the republicans have drawn a line in the sand when it comes to these spending cuts, saying, if we don't see a dollar for dollar spending cut in the amount you want to raise the debt ceiling, there's no deal. what kind of progress can we hope for here? our political panel debates that coming up in our next hour. now to another big debate playing out in washington over the obama administration's efforts to overhaul the nation's gun laws. we heard some of that this morning. here is the preside
if you're filing your taxes online, pick the best tax software available... with h&r block at home. this is power software created by the tax experts at h&r block. and only h&r block software backs you up with free audit support and in person representation from a tax professional. file for free now at ♪ made with only milk... cream... a touch of sugar... and pure natural flavors. ♪ who knew being natural could be so delicious? coffee-mate natural bliss. from nestle. add your flavor naturally. >> announcer: "today" at the golden globes is brought to you by l'oreal paris, because you're worth it. >>> the chance to host the golden globes arrival special gave us an opportunity to see a lot of the fashions up close and personal. we did that. >> we did. and here to break down the night we had julian ewe guiliana rans. you're the experts. >> good morning. >> why don't we give the guys a chance to start. >> oh, the men. >> always ignore them. >> it will turn out to be all about the women anyway, right? hugh jackman, what did you think of his out fit? >> i thought he was t
stating very clearly today that he will not negotiate deficit reduction, tax increases and spending cuts attached to the debt ceiling. this of course does follow that bruising battle the year before last, where he did negotiate on the issue, and the u.s. nearly went to the brink of default. he said that congress has to pay the bills that it's already racked up. >> you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way that the american people do. you don't -- now, if congress want, to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. that's the debate that we should have. >> reporter: in this press conference that was called last minute in the east room, president obama said he will negotiate a deal on deficit reduction but not, as he put it, quote, with a gun to the head of the american people. as you know, joe, republicans are saying they're not going to increase the debt c
, you have to pay your back taxes, you have to show that you've been in the country working for a period of time. you had to show that you have a background check so you haven't broken any serious laws, you have to learn english and the like. it's earned, it not automatic. it would be a pathway to citizenship, but the fact of the matter is, we need full citizenship. we can't have second class citizenship, that won't work, we can't have a temporary program that won't work. we can't have a peace meal approach like some members in the senate have called for. it's got to be cover comprehensive, it's got to be full citizenship, we have got to get these people from out of the dark and into the light. the effect of bringing these people from out of the dark and into the light in the time of debt and deficit is the following, $1.5 trillion input into the economy, they help to maintain our social security system. we know that we're now a majority, children majority minority are being born inn now in the united states these kids will help beef up our social security system which we have got to str
are paycheck tax hike. lauren simonetti joins us with more on this. most americans buy tomorrow will have experienced this hit in their paycheck. >> already 134 million americans are feeling the 2 percentage point increase in the social security tax. that's expect to do drum up 125 billion in revenue for the government this year. but it's likely already eating away at your disposable income trips to the movies and restaurants brands you are buying at the food store. the increase means american families have this much less to spend this year $354 for those living at the level. the average income being 64,000. 2400 for those making $1,134,000. >> we were not aware that was going to happen. >> something people can't avoid buying gas. gas prices have increased. >> backup. on october 5th gasoline average 3.46. it fell $0.58 that stopped the average price $3.32. that's an crease of $0.07 in two weeks. they are starting to pass on the higher cost of crude oil. prices will go up until the next few weeks until they possibly go back down. the weather gets nicer people start driving more. >> then th
paychecks of the new year lower because of social security taxes. we were talking about this earlier. you kept your so-called bush tax cut and media in the past has talked about average tax cut was $1,000. that's misleading. the wealthy got really big cuts. the average american in other words did not get an average tax cut of $1,000. more like 100. the added payroll tax meant you were making less money. >> all right. thank you very much. >> all right. it is 6:15 right now. let's check back in with meteorologist christina loren and there's a new catch phrase going around the bay area. brr. >> i think the kids are going to say that before the day is done. put a little roll into it. 6:15 now. so glad you are waking up with us on a monday morning. cold start to the day. it's going to be a cold finish to the day as well. you'll be happy with what i have to tell you if you are looking for warmer weather. you're going to be quite happy with the forecast. new week, new forecast. 30 degrees right now. it's a cold start to the day up in the north bay. places like santa rosa at 40. 35 in livermore t
many workers were surprised to see higher payroll taxes in the first paycheck of the year. it shrank take home earnings bys by 2% or more. a temporary cut in social security and medicare taxes expired as part of the fiscal cliff compromise. >>> and sunny california has turned into shivering california. frost and freezing temperatures are blanketing the state for the fourth night in a row. so far, citrus growers say they protected their crops using water and heaters. no significant crop damage is reported. overnight temperatures in los angeles over the weekend were in the 30s and in the 20s near san francisco. that's why everybody was cold. >> and we were >>> that's why i love the weather. it's always strange. and it is very cold out there right now. in fact, chilly temperatures in the bay area in the 20s and the 30s. we're currently under a freeze warning at this time. nice and clear. that cold air setting overhead freeze warnings up in many of the valleys. temperatures these numbers in the 20s and 30s. by the afternoon, highs only expected to be in the 40
different visions. a republican said, you know what, we didn't win that fiscal cliff battle, we raised taxes, we didn't want to do it, now this has got to be all about spending cuts and you have the president saying, no, it is going to be about raising the debt ceiling, then we can talk about some kind of grand bargain. but you have to get over the speed bump, brooke. and i just -- >> hang on a second. you used two words -- gloria borger, you're saying grand bargain? is that -- ali velshi, let me ask you that, grand bargain, is that in our lexicon anymore? >> yeah, i don't even know if bargain is a possibility. gloria knows the politics of this better than i do. the -- somebody asked the question at the press conference, the president said he's not negotiating on this, but you said that about increasing taxes, the last debt limit. i don't know where you go from here politically. i only know economically the market will act as an enforcer and interest rates will act as an enforcer if you don't get it right. how you get a deal, that's above my pay grade. >> and, brooke, the real problem here,
. >> investigators say mail often includes important tax documents that could help identity thieves. >> san jose firefighters are trying to determine the cause of a fire that force add family from the home. the call of the house fire yesterday afternoon and by the time they arrived, all six people in the two-story home including the family dog got out safe safely. officials believe the fire started on the wood shingle roof. crews stayed on the scene to guard against flareups. >> the san mateo city council will hear both sides on whether a new 7/11 store should be allowed to stay home on north san mateo drive. some neighbors fear the store will increase crime. they protested before the store opened claiming it violated local zoning laws. the area is zoned for housing although a store once occupied the site under a special exemption. >> the sharks are holding another noon work out today and it is open to the public at the practice facility. players wasted in time getting back to training camp at the sharks ice facility yesterday, a day after the nhl walkout ended going through their faces in front
a voluntary check off on their income tax return. we do these kinds of things in florida, florida power and light company has others i am sure subscribe to it to help people who can't meet their needs to be it would be a good test run to see and then in future disasters we would have an opportunity to know what exactly, how many people really are mindful, never were -- never mind the work climate change. you tell me if something is wrong with this disaster and houston texas has more snow than chicago and illinois. something is upside down in many respects. chairman sessions, you and others on the rules of the committee and mr. bishop i believe on one occasion have heard me argue that we need to do exactly what the japanese government does. they know that they are going to have earthquakes and in light of that what they have done is established inside of their diet a specific committee that deals disasters so that you can move it hurriedly. we have this process. i have seen it good and bad in this regard, or katrina, the initiative that came out with a failure of initiative. we did, howe
tax'd dropping from 50% to 45%. it would defer bonuses from 2009 through 2011. >>> apple is slashing component orders for the iphone 5. that's according to "the wall street journal." weaker demand and increasing competition from samsung are blamed. the iphone 5 was released in september. >>> i am still a republican. colin powell declaring his support for his political party but not before warning that some ideas held by his fellow republicans could be hurting the party's future. >> there's also a dark vein of intolerance in some parts of the party. what do i mean by that? what i mean by that is they still sort of look down on minorities. how can i evidence that? when i see a former governor say that the president is shucking and jiving. that's a racial era slave term. >> powell is most likely talking about former alaska governor sarah palin who blasted president obama for his handling of the benghazi consulate attack on facebook writing in part, "why the lies? why the cover up? why the dissembling about the cause of the murder of our ambassador? on the anniversary of the worst terror
about that require the tax stamp and special permit, those are fully automatic weapons. there are very few of those. in order to get them, you have to go through a number of troops to get it. the difference is, one semi- automatic. the other is fully automatic. >> the semiautomatics is not an assault rifle. >> the assault weapons that are banned in california, there is a definition of those. it is a rival that can take out detachable magazine and has one of the following characteristics. it is defined in law. it is i semi-automatic. the other weapons you're talking about are fully automatic and does fall under the firearms act. >> could we please have joan davis? >> i'd like to thank mike thompson for having this hearing. i am the president of eagle forum. eagle forum has always stood for protection of property rights as well as protection of personhood. i would like to remind you how important it is to learn from history. my husband was born in germany during the second world war. his father was from switzerland. i would like to let you know the difference between the philosophy of gu
'd rather not go there. you take, what'd you say -- >> 480, cash money. >> no background checks. >> no tax, no charges. there you go. >> because i couldn't pass one. >> five. >> okay. you're sure no background check. i don't think i can pass one. >> get it out the door, and it's yours. >> okay. >> with we're not a dealer. this is a private party sale. >> well, good, because i probably couldn't pass one. >> i don't think i could either. >> that's good about the background check, because i probably couldn't pass one. >> i don't care. >> only thing i do is demand you show me your license. >> you don't care about the background check, right? >> no. >> all right. >> no. because i wouldn't pass either, bud. >> so no background check, right? >> right. >> good, because i probably couldn't pass one. no background check. >> no. >> all right, good. i probably couldn't pass one. [laughter] one of those things, you know? >> i hear ya, yeah. >> all right. >> let's do it. >> no background check because -- >> you get the idea. now, what they did was -- can you get my powerpoint back? thanks. they did some
Search Results 0 to 15 of about 16